Applicant and University Commons at
Lakeside agree to the following terms once the $500.00 deposit is made:

If
the information provided by the Applicant is verified to Management’s
satisfaction and Applicant has an acceptable rental and credit history, Management agrees to rent the
unit applied for to the Applicant

If
applicant and management enter in to a rental agreement, the pre-lease hold
security deposit will be held in escrow as a security deposit. Applicant
understands that by paying the pre-lease hold security deposit they are
accepting tenancy for the unit applied for even if the approval is conditional.

If Applicant’s pre-lease/hold deposit bounces,
management reserves the right to rent the unit
and recoup costs from applicant for the unpaid fees. This is not limited to
bounced check fees, administrative fees, loss of rents, or costs to
re-advertise the unit.

If
applicant fails to occupy the unit, management reserves the right to retain any
funds paid towards the unit and has the option to re-rent the unit unless
otherwise agreed upon by applicant and management. Applicant also understands
that once the lease is signed, the applicant is responsible for the rent of the
unit whether they occupy the unit or not.

If
the Certificate of Occupancy for the building is delayed and unit is
unavailable, applicant has option to extend time of possession or terminate
Pre-Lease Agreement for a full refund.

Applicant must download and sign lease and mail or email back to University Commons at Lakeside. Deposit can be made using the "Buy Now" PayPal button above, or by mailing in a check to: University Commons at Lakeside, 125 Clarendon Place, Union, SC 29379